Health-insurer and hospital CEOs scored big paydays in 2020, a year defined by the pandemic.
Six out of eight CEOs made more last year than in 2019 on stock options and awards.
The paydays came as big insurers and some health systems grew profits despite COVID-19 challenges.
The CEOs of some of the biggest healthcare companies brought home tens of millions more in pay in 2020, despite the toll the COVID-19 pandemic took on the US economy at large.
Sam Hazen, the top executive at HCA Healthcare, the largest investor-owned hospital chain in the country, pocketed $83.6 million last year more than four times what he made in 2019 according to an Insider analysis of the company s financial documents.
Yves here. While voters should try to get politicians to live up to their campaign promises, Joe Biden has already made clear that his should be taken as nothing more than hot air. We took a quick pass at his electoral promise about what he’d do about Covid, which included substantial income support and rent relief, to his post victory massive retreat. “Build Back Better” is such lame phrasemaking that it signals that it was never meant to be taken seriously.
Nevertheless, Bill Lazonick, Philip Moss, and Joshua Weitx perform a useful service in demanding that Biden address income inequality and providing some ideas as to how to go about it.